比如说我们的定价精算角度其实是对于数据的需求还是比较大的如果未来能够进一步放开的话我们整体的产品设计可能可以做得更精准然后也会更有指向性能够针对这些非健康品推出一些更有定制化效果的产品我觉得这个可能也是我们健康鞋未来会要重点关注的就是产品创新的一个方向 然后目前的话因为上海市确实是走在比较前沿然后我们也是在跟医保局啊然后跟相关的机构在进行积极的研讨然后内部的话也是在看说明年能够针对这一些特殊的群体推出一些怎么样的更创新的产品然后让大家都能享受到这个更完善的健康前的服务 好的 明白 那现在有没有一些就是关于医保和商保数据共享其实现在有没有一些这个成熟的模式或者已经在运行的模式因为其实我们能观察到就是医保和商保的这样一个共享在上海其实是有两种模式一个是借助中银保信的平台另外一个是其他医院其实也跟保交所这个数据通过保交所这个平台跟保保公司有数据共享 那么我们看有部分公司实际上在封控和支配环节里面已经在部分通过这些共享过来的数据有一些新的上面的业务流程至少在业务流程上有一些新的创新然后想问一下重案目前在这些层面上面有没有一些实践的一些已经在运行的模式对刚刚您提到了这个以保数据共享然后包括产品的支配 其实上海确实是已经 ...

Financial Data and Key Metrics - Total premium income in H1 2024 reached HKD 15.23 billion, a YoY increase of 5.4% [3] - Insurance service revenue under the new accounting standard was HKD 1.588 billion, a YoY increase of 19% [3] - Combined ratio for underwriting was 97.9%, maintaining healthy underwriting profitability [3] - Comprehensive solvency adequacy ratio stood at 224% at the end of H1 2024 [3] - Net income for ZA Bank in H1 2024 was HKD 255 million, a YoY increase of 45.9% [5] Business Line Performance Technology Business - Technology export revenue increased by 55.5% YoY to HKD 4.24 billion, with domestic technology output revenue growing 112.7% YoY to HKD 319 million [4] - Technology segment reduced its loss by HKD 165 million in H1 2024 compared to the same period last year [5] - Total technology export revenue reached RMB 424 million, a YoY increase of 65% [20] Health Ecosystem - Health coverage provided to approximately 12.39 million insured, with total premium reaching RMB 343 million [9] - Outpatient emergent insurance products saw a YoY increase of 321% in total premium, reaching RMB 427 million [10] - Short-term critical illness product achieved steady growth with total written premium exceeding RMB 800 million [11] Digital Life Ecosystem - Total premium reached RMB 7.47 billion, driven by pet insurance, scenario-based accident insurance, and household insurance [12] - Pet insurance achieved over 2.8x premium growth, with 1.46 million new pet owner users in H1 2024 [13] Consumer Finance Ecosystem - Insured loans balance decreased by 15% YoY to RMB 23.1 billion, focusing on small, dispersed, and short-term Internet consumer finance assets [15] Automotive Ecosystem - Total written premiums for new energy vehicles increased by 215% YoY, accounting for over 10% of total auto insurance premiums [16] Market Performance - ZA Bank's total assets increased by 43.2% to HKD 20 billion, with deposit balance growing 43.1% to HKD 16.8 billion [25] - Net interest margin improved to 2.21% from 1.87% due to interest rate hikes and enriched loan products [25] Company Strategy and Industry Competition - The company is committed to empowering finance with technology and providing innovative, inclusive, and diverse insurance products [6] - Focused on developing small, diversified, and convenient inclusive insurance products tailored to Internet scenarios [6] - Leveraging AI and big data to enhance operational efficiency and user experience across various ecosystems [18][19] Management Commentary on Operating Environment and Future Outlook - The company remains committed to high-quality development of inclusive finance and stabilizing society through innovative insurance products [6] - Management emphasized the importance of user-centric strategies and improving user experience for long-term sustainable growth [35] - The company is confident in achieving profitability for ZA Bank and continuing to drive digital transformation in the insurance industry [27][34] Other Important Information - The company received credit ratings of Baa1 from Moody's and A- from A.M. Best [4] - ZA Tech completed a USD 35 million Series A financing, attracting global institutional investors [24] Q&A Session Summary Question 1: Investment Performance and Health Insurance Revenue - The company attributed the slight decrease in investment revenue to adjustments in portfolio strategies and focus on fixed income assets [42] - Health insurance revenue growth was driven by product innovation, including medium to high-end health insurance and inclusive products like Zhong Min Bao [37][38] Question 2: Growth Opportunities and Credit Insurance - Future growth opportunities include auto insurance, digital lifestyle ecosystem, and health ecosystem, with a focus on innovative products like pet insurance [46][47] - The company is cautiously managing credit insurance, focusing on stringent risk controls and optimizing user parameters [50][51] Question 3: Interest Rate Impact and Technology Segment Growth - Lower interest rates are expected to positively impact ZA Bank's loan demand and investment yield, while squeezing net interest margins [55] - The technology segment is expected to continue rapid growth, driven by high gross margin products and efficiency improvements from AI and big data [57] Question 4: Premium Growth Slowdown and Debt Management - The slowdown in premium growth was due to strategic adjustments in consumer finance and user acquisition strategies [59] - The company has a stable cash flow and is actively managing its USD 1 billion bond obligations, with plans for refinancing if necessary [60]

参会人员务必注意本次电话会议交流内容仅限参会人员内部参考任何机构或个人不得以任何形式对电话会议任何内容进行泄露或外发请勿以任何方式索要、泄露、散布、转发电话会议纪要任何泄露电话会议纪要等信息的行为均为侵权行为申望洪源研究保留追究泄露转发者法律责任的权利 各位投资者下午好首先非常感谢各位投资者能够参加本次我们与中安在线的交流会议也感谢中安在线的领导对时报红员飞云的支持我们看到了其实当前这个时间也非常巧昨天在这个陆家嘴经文论坛上经管局局长李云泽也提到了 保险机构需要加快数字化转型,提升经营管理的效率。我们今天就非常荣幸地邀请到了咱们互联网保险的龙头,也是整个保险板块内保险家科技的核心交地中央带线进行交流,然后本次交流是包括两个部分,第一个部分就是我们根据之前跟同事们交流下来, 梳理总结出来大家比较关注的核心问题向中央线下这边的领导去做请教然后第二个部分进入到自由问答环节周总您看咱们现在开始可以吗可以 首先就是我先抛砖引玉问一个大家可能会比较关注也比较直白的问题就是我们看到现在的时间节点进入到6月下旬然后您看能不能介绍一下公司在上半年业务的整体表现那么对于今年上半年利润表现是有什么样的预期 今年上半年整体的情况是符 ...

参会人员务必注意本次电话会议交流内容仅限参会人员内部参考任何机构或个人不得以任何形式对电话会议任何内容进行泄露或外发请勿以任何方式索要、泄露、散布、转发电话会议纪要任何泄露电话会议纪要等信息的行为均为侵权行为声望洪源研究保留追究泄露转发者法律责任的权利 各位投资者下午好首先非常感谢各位投资者能够参加本次我们与中央在线的交流会议也感谢中央在线的领导对世贸宏园非营的支持我们看到了其实当前这个时间也非常巧昨天在这个陆家嘴金融论坛上金管局局长李云泽也提到了 保险机构需要加快数字化转型提升经营管理的效率我们今天就非常荣幸的邀请到了咱们互联网保险的龙头也是整个保险板块内保险加科技的核心交地中央带线进行交流然后本次交流是包括两个部分第一个部分就是我们根据之前跟投资者交流下来 梳理总结出来大家比较关注的核心问题向中央线下这边的领导去做请教然后第二个部分进入到自由问答环节周总您看咱们现在开始可以吗可以 首先我先抛砖引玉问一个大家可能会比较关注也比较直白的问题就是我们看到现在的时间节点进入到6月下旬了然后您看能不能介绍一下公司在上半年业务的整体表现那么对于今年上半年利润表现是有什么样的预期? 今年上半年整体的情况是符合管理层在年 ...

参会人员务必注意本次电话会议交流内容仅限参会人员内部参考任何机构或个人不得以任何形式对电话会议任何内容进行泄露或外发请勿以任何方式索要、泄露、散布、转发电话会议纪要任何泄露电话会议纪要等信息的行为均为侵权行为申望洪源研究保留追究泄露转发者法律责任的权利 各位投资者下午好首先非常感谢各位投资者能够参加本次我们与中央在线的交流会议也感谢中央在线的领导对时报红员飞银的支持我们看到了其实当前这个时间也非常巧昨天在这个陆家嘴金融论坛上金管局局长李云泽也提到了 保险机构需要加快数字化转型提升经营管理的效率我们今天就非常荣幸的邀请到了咱们互联网保险的龙头也是整个保险板块内保险加科技的核心交地中央带线进行交流然后本次交流是包括两个部分第一个部分就是我们根据之前跟投资者交流下来 梳理总结出来大家比较关注的核心问题向中央线下这边的领导去做请教然后第二个部分进入到自由问答环节周总您看咱们现在开始可以吗可以 好的 感谢周董首先就是我先抛砖引玉问一个大家可能会比较关注也比较直白的问题就是我们看到现在的时间节点进入到6月下旬了然后您看能不能介绍一下公司在上半年业务的整体表现那么对于今年上半年利润表现是有什么样的预期 谢谢 今年上半年整体 ...

ZhongAn Online P & C Insurance Co., Ltd. (OTCPK:ZZHGF) Q4 2023 Earnings Conference Call March 26, 2024 5:00 AM ET Company Participants Zhang Lin - Head of IR Jiang Xing - General Manager & CEO Wayne Xu - President, ZhongAn International Li Gaofeng - CFO and CIO Wang Min - Executive Vice General Manager and Secretary of the Board Conference Call Participants Michael Lee - Bank of America Qingqing Mao - CICC Michelle Ma - Citi Rick Dahl - Morgan Stanley Operator Good afternoon. Welcome everyone to attend this ...

ZhongAn Online P & C Insurance Co., Ltd. (OTCPK:ZZHGF) Q2 2023 Earnings Conference Call August 28, 2023 5:00 AM ET Company Participants Zhang Lin - Head of IR Jiang Xing - General Manager Wayne Xu - President, ZhongAn International Li Gaofeng - CFO and CIO Conference Call Participants Michael Lee - Bank of America Leon Qi - Daiwa Qingqing Mao - CICC Michelle Ma - Citi Rick Xu - Morgan Stanley Operator Hello, everyone. Welcome everybody to attend the ZhongAn Online Interim Results 2023 Announcements. I have ...

ZhongAn Online P & C Insurance Co., Ltd. (OTCPK:ZZHGF) Q4 2022 Results Earnings Conference Call March 21, 2023 5:00 AM ET Company Participants Jiang Xing - Chief Executive Officer Wayne Xu - President, ZhongAn International Li Gaofeng - Chief Financial Officer Conference Call Participants Michael Lee - Bank of America Charles Zhou - Credit Suisse Operator Ladies and gentlemen, hello everyone, welcome to attend this ZhongAn Online 2022 full-year result announcement. I just would like to remind you that joini ...

Call Start: 05:00 January 1, 0000 6:16 AM ET ZhongAn Online P & C Insurance Co., Ltd. (OTCPK:ZZHGF) Q2 2021 Earnings Conference Call August 26, 2021 05:00 ET Company Participants Jiang Xing - Chief Executive Officer Yuping Wen - Executive Deputy Chairman Li Gaofeng - Chief Financial Officer Wang Xiaoming - Director Conference Call Participants Operator Hello, everyone. Welcome to this con-call. So this is the 2021 Joint Financial and Results Earning Call. So I have to remind everybody that this is the Engli ...